1857 Braided Hair Cent. N-1. Rarity-1. Large Date. Misplaced Date. MS-65 BN (PCGS). CAC.<strong>Type:</strong> Braided Hair.<p><strong>Design:</strong> Obv: A head of Liberty faces left with 13 stars around the border and the date 1857 below. She is wearing a coronet inscribed LIBERTY, her hair tied into a bun at the back of her head by a beaded cord. Rev: A circular wreath encloses the denomination ONE CENT with the legend UNITED STATES OF AMERICA around the border.<p><strong>Weight Standard:</strong> 10.89 grams.<p><strong>Diameter:</strong> 27.5 mm.<p><strong>Die Variety:</strong> Newcomb-1. Obv: Large Date. The top of an errant 18 protrudes from the denticles below the first two primary digits in the date. There is a tiny die chip at the back of Libertys neck below the earlobe. The 1857 represents the only use of this obverse die. Rev: Readily identifiable by a tiny, sharp die chip on the letter C in AMERICA. The 1857 N-1 also represents the only use of this reverse die.<p>N-1 is the only die marriage that corresponds to the Large Date <em>Guide Book</em> variety of the 1857 Braided Hair cent.<p><strong>Die State:</strong> Grellman a, Noyes A/A. Obv: Perfect, with the misplaced date feature plainly evident with the aid of a loupe. Rev: Perfect, with die lines above the letters NI in UNITED.<p><strong>Edge:</strong> Plain.<p><strong>Mintage for the Issue: </strong>333,546 coins.<p><strong>Estimated Surviving Population for the Die Variety:</strong> Rarity-1: More than 1,500 coins in all grades.<p><strong>Strike:</strong> This is a crisp early die state with virtually all features from the rims to centers sharply defined. Accuracy alone compels us to mention bluntness to stars 12 and 13 on the obverse, as well as the lower right portion of the wreath on the reverse.<p><strong>Surfaces:</strong> Warm medium brown with appreciable mint orange remaining in the protected areas around many of the design elements, especially on the reverse. The surfaces have a satiny, almost matte-like texture and are smooth with minimal blemishes even under a loupe. Provenance concerns alone compel us to mention a dull mark on Libertys chin.<p><strong>Commentary:</strong> Large copper cents were struck only in January 1857, after which the type was discontinued. In March, production of the new Flying Eagle small cent commenced. The Mint built up inventories, and on May 25 the first examples were released to the public. The discontinuation of the large copper cent set in motion a wave of nostalgia as people tried to get one of each date of the copper coins of childhood. This launched a great boom in numismatics in the United States, after which the hobby became widespread. Here is a handsome Mint State example of this historic final date in the denomination.PCGS# 1928. NGC ID: 226P.PCGS Population (Large Date variety only): 14; 0 finer in this category.From the ESM Collection. Earlier from Heritages Long Beach Signature Sale of September 2004, lot 5110.
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